Viento Group provided upbeat 2013-14 guidance in June, representing a substantial improvement on its 2012-13 result which featured an earnings before interest, tax, depreciation and amortisation (EBITDA) loss of $1.7 million from revenues of $24 million.

Following the acquisitions of HVLV and Power Infrastructure Services the company expects to generate EBITDA in a range between $10 million and $12 million from revenues of about $100 million in 2013-14. Executive chairman, Ray Munro, said the result demonstrated early success in the board’s decision to create a diversified earnings base for the company which it expects will continue to produce further growth in 2014-15.